Baltania OÜ

Active Registry code 12137603 OÜ Tallinn Registered 25 Jul 2011
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Baltania OÜ is a OÜ based in Tallinn, registry code 12137603, status: active. Main activity: Manufacture of solid fuels from vegetable biomass. According to EMTA, turnover for Q3 2026 was €13 958 with 8 employees.

Turnover
13 958 €
↓ 74.9% vs Q2 2026
State taxes
54 768 €
↓ 24.1% vs Q2 2026
Labour taxes
59 187 €
↓ 23.6% vs Q2 2026
Employees
8
+1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials · EMTAK 16

  • Turnover · Q3 2026 13 958 €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 7 398 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 118 334 €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 -4 474.3 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 13 958 € · −74.9% vs Q2 2026 · industry median 42 609 € · above 34% of the industry
0100200300Q4 2023 Company: 10 224 € Industry median: 43 427 €Q4·23Q1 2024 Company: 292 514 € Industry median: 39 178 €Q2 2024 Company: 80 836 € Industry median: 42 653 €Q2·24Q3 2024 Company: 0 € Industry median: 38 674 €Q4 2024 Company: 68 997 € Industry median: 45 211 €Q4·24Q1 2025 Company: 51 200 € Industry median: 37 584 €Q2 2025 Company: 14 331 € Industry median: 43 322 €Q2·25Q3 2025 Company: 450 € Industry median: 41 462 €Q4 2025 Company: 69 908 € Industry median: 42 366 €Q4·25Q1 2026 Company: 0 € Industry median: 42 117 €Q2 2026 Company: 55 656 € Industry median: 49 062 €Q2·26Q3 2026 Company: 13 958 € Industry median: 42 609 €Q3·26020406080Q4 2024 Company: 68 997 € Industry median: 45 211 €Q1 2025 Company: 51 200 € Industry median: 37 584 €Q1·25Q2 2025 Company: 14 331 € Industry median: 43 322 €Q3 2025 Company: 450 € Industry median: 41 462 €Q3·25Q4 2025 Company: 69 908 € Industry median: 42 366 €Q1 2026 Company: 0 € Industry median: 42 117 €Q1·26Q2 2026 Company: 55 656 € Industry median: 49 062 €Q3 2026 Company: 13 958 € Industry median: 42 609 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 398 € · −33.1% vs Q2 2026 · industry median 1 604 € · above 98% of the industry
05 00010 00015 000Q4 2023 Company: 4 159 € Industry median: 1 444 €Q4·23Q1 2024 Company: 6 949 € Industry median: 1 344 €Q2 2024 Company: 13 030 € Industry median: 1 393 €Q2·24Q3 2024 Company: 11 420 € Industry median: 1 466 €Q4 2024 Company: 6 217 € Industry median: 1 526 €Q4·24Q1 2025 Company: 8 121 € Industry median: 1 531 €Q2 2025 Company: 6 605 € Industry median: 1 528 €Q2·25Q3 2025 Company: 7 148 € Industry median: 1 626 €Q4 2025 Company: 8 066 € Industry median: 1 635 €Q4·25Q1 2026 Company: 7 820 € Industry median: 1 561 €Q2 2026 Company: 11 060 € Industry median: 1 556 €Q2·26Q3 2026 Company: 7 398 € Industry median: 1 604 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 6 217 € Industry median: 1 526 €Q1 2025 Company: 8 121 € Industry median: 1 531 €Q1·25Q2 2025 Company: 6 605 € Industry median: 1 528 €Q3 2025 Company: 7 148 € Industry median: 1 626 €Q3·25Q4 2025 Company: 8 066 € Industry median: 1 635 €Q1 2026 Company: 7 820 € Industry median: 1 561 €Q1·26Q2 2026 Company: 11 060 € Industry median: 1 556 €Q3 2026 Company: 7 398 € Industry median: 1 604 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 8 · +14.3% vs Q2 2026
0510152025Q4 2023 Company: 24Q4·23Q1 2024 Company: 15Q2 2024 Company: 9Q2·24Q3 2024 Company: 9Q4 2024 Company: 9Q4·24Q1 2025 Company: 9Q2 2025 Company: 9Q2·25Q3 2025 Company: 9Q4 2025 Company: 8Q4·25Q1 2026 Company: 9Q2 2026 Company: 7Q2·26Q3 2026 Company: 8Q3·260246810Q4 2024 Company: 9Q1 2025 Company: 9Q1·25Q2 2025 Company: 9Q3 2025 Company: 9Q3·25Q4 2025 Company: 8Q1 2026 Company: 9Q1·26Q2 2026 Company: 7Q3 2026 Company: 8Q3·26
State taxes, € thousand Q3 2026: 54 768 € · −24.1% vs Q2 2026
0255075100125Q4 2023 Company: 96 172 €Q4·23Q1 2024 Company: 98 294 €Q2 2024 Company: 121 395 €Q2·24Q3 2024 Company: 100 448 €Q4 2024 Company: 63 076 €Q4·24Q1 2025 Company: 74 106 €Q2 2025 Company: 55 413 €Q2·25Q3 2025 Company: 60 058 €Q4 2025 Company: 62 068 €Q4·25Q1 2026 Company: 64 899 €Q2 2026 Company: 72 181 €Q2·26Q3 2026 Company: 54 768 €Q3·26020406080Q4 2024 Company: 63 076 €Q1 2025 Company: 74 106 €Q1·25Q2 2025 Company: 55 413 €Q3 2025 Company: 60 058 €Q3·25Q4 2025 Company: 62 068 €Q1 2026 Company: 64 899 €Q1·26Q2 2026 Company: 72 181 €Q3 2026 Company: 54 768 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 13 958 54 768 59 187 8
Q2 2026 55 656 72 181 77 420 7
Q1 2026 — 64 899 70 382 9
Q4 2025 69 908 62 068 64 524 8
Q3 2025 450 60 058 64 331 9
Q2 2025 14 331 55 413 59 444 9
Q1 2025 51 200 74 106 73 091 9
Q4 2024 68 997 63 076 55 952 9
Q3 2024 — 100 448 102 779 9
Q2 2024 80 836 121 395 117 268 9
Q1 2024 292 514 98 294 104 228 15
Q4 2023 10 224 96 172 99 818 24
Q3 2023 2 367 105 710 110 722 23
Q2 2023 846 875 106 681 112 020 23
Q1 2023 936 905 133 718 139 841 24
Q4 2022 5 799 944 48 646 99 573 25
Q3 2022 332 430 82 649 100 554 25
Q2 2022 303 196 — 87 992 24
Q1 2022 249 610 — 58 220 21
Labour taxes per employee per month
2 466 €
Turnover per employee in the quarter
1 745 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 118 334 € · −15.6% vs 2024 · industry median 44 569 € · above 62% of the industry
02505007501 0001 2502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 60 904 €20192020 Company: — Industry median: 53 378 €20202021 Company: 3 400 € Industry median: 56 581 €20212022 Company: 325 608 € Industry median: 60 349 €20222023 Company: 1 141 731 € Industry median: 46 749 €20232024 Company: 140 258 € Industry median: 39 981 €20242025 Company: 118 334 € Industry median: 44 569 €202502505007501 0001 2502018 Company: — Industry median: —2019 Company: — Industry median: 60 904 €20192020 Company: — Industry median: 53 378 €2021 Company: 3 400 € Industry median: 56 581 €20212022 Company: 325 608 € Industry median: 60 349 €2023 Company: 1 141 731 € Industry median: 46 749 €20232024 Company: 140 258 € Industry median: 39 981 €2025 Company: 118 334 € Industry median: 44 569 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -5 294 660 € · +72.2% vs 2024 · industry median 162 € · above 2% of the industry
-25 000-20 000-15 000-10 000-5 00005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -328 681 € Industry median: 1 078 €20192020 Company: -482 915 € Industry median: 611 €20202021 Company: -183 542 € Industry median: 1 731 €20212022 Company: -6 381 684 € Industry median: 1 354 €20222023 Company: -20 238 942 € Industry median: 156 €20232024 Company: -19 053 532 € Industry median: 21 €20242025 Company: -5 294 660 € Industry median: 162 €2025-25 000-20 000-15 000-10 000-5 00005 0002018 Company: — Industry median: —2019 Company: -328 681 € Industry median: 1 078 €20192020 Company: -482 915 € Industry median: 611 €2021 Company: -183 542 € Industry median: 1 731 €20212022 Company: -6 381 684 € Industry median: 1 354 €2023 Company: -20 238 942 € Industry median: 156 €20232024 Company: -19 053 532 € Industry median: 21 €2025 Company: -5 294 660 € Industry median: 162 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -4 474.3 % · +9 110.3 pp vs the year before · industry median 2.0 % · above 2% of the industry
-15 000-10 000-5 00005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 3.8 %20192020 Company: — Industry median: 3.5 %20202021 Company: -5 398.3 % Industry median: 5.3 %20212022 Company: -1 959.9 % Industry median: 5.2 %20222023 Company: -1 772.7 % Industry median: 2.4 %20232024 Company: -13 584.6 % Industry median: 1.6 %20242025 Company: -4 474.3 % Industry median: 2.0 %2025-15 000-10 000-5 00005 0002018 Company: — Industry median: —2019 Company: — Industry median: 3.8 %20192020 Company: — Industry median: 3.5 %2021 Company: -5 398.3 % Industry median: 5.3 %20212022 Company: -1 959.9 % Industry median: 5.2 %2023 Company: -1 772.7 % Industry median: 2.4 %20232024 Company: -13 584.6 % Industry median: 1.6 %2025 Company: -4 474.3 % Industry median: 2.0 %2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 20 149 325 € · −6.2% vs 2024
020 00040 00060 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 19 004 235 €20192020 Company: 37 649 717 €20202021 Company: 43 790 374 €20212022 Company: 51 268 863 €20222023 Company: 36 396 204 €20232024 Company: 21 479 833 €20242025 Company: 20 149 325 €2025020 00040 00060 0002018 Company: —2019 Company: 19 004 235 €20192020 Company: 37 649 717 €2021 Company: 43 790 374 €20212022 Company: 51 268 863 €2023 Company: 36 396 204 €20232024 Company: 21 479 833 €2025 Company: 20 149 325 €2025
Equity, € thousand 2025: -5 203 411 € · +72.6% vs 2024
-20 000020 00040 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 14 681 983 €20192020 Company: 32 704 068 €20202021 Company: 14 015 526 €20212022 Company: 7 633 844 €20222023 Company: -11 305 098 €20232024 Company: -18 962 283 €20242025 Company: -5 203 411 €2025-20 000020 00040 0002018 Company: —2019 Company: 14 681 983 €20192020 Company: 32 704 068 €2021 Company: 14 015 526 €20212022 Company: 7 633 844 €2023 Company: -11 305 098 €20232024 Company: -18 962 283 €2025 Company: -5 203 411 €2025
Employees 2025: 9 · −30.8% vs 2024 · industry median 3 · above 72% of the industry
05101520252016 Company: 1 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 420182019 Company: 0 Industry median: 420192020 Company: 1 Industry median: 420202021 Company: 19 Industry median: 420212022 Company: 24 Industry median: 420222023 Company: 24 Industry median: 320232024 Company: 13 Industry median: 320242025 Company: 9 Industry median: 3202505101520252018 Company: 0 Industry median: 42019 Company: 0 Industry median: 420192020 Company: 1 Industry median: 42021 Company: 19 Industry median: 420212022 Company: 24 Industry median: 42023 Company: 24 Industry median: 320232024 Company: 13 Industry median: 32025 Company: 9 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 118 334 -5 294 660 591 260 20 149 325 -5 203 411 9
2024 140 258 -19 053 532 817 737 21 479 833 -18 962 283 13
2023 1 141 731 -20 238 942 1 099 034 36 396 204 -11 305 098 24
2022 325 608 -6 381 684 980 481 51 268 863 7 633 844 24
2021 3 400 -183 542 227 423 43 790 374 14 015 526 19
2020 — -482 915 9 733 37 649 717 32 704 068 1
2019 — -328 681 0 19 004 235 14 681 983 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 0
2012 — — — — — 0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
-4 312.2 %
Net profit / revenue
Return on assets (ROA)
-26.3 %
Net profit / assets
Equity ratio
-25.8 %
Equity / assets
Debt ratio
125.8 %
Liabilities / assets
Current ratio
0.02
Current assets / current liabilities
Revenue per employee
13 643 €
Revenue / average full-time employees
Labour cost per employee per month
5 475 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 Oct 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 23 Oct 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 8 Nov 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 9 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16261Manufacture of solid fuels from vegetable biomass Main
  • 46831Wholesale of wood and products for the first-stage processing of wood
Rulings
Number, date Title Deadline State Document
Ä 10158445 / 24
2 Apr 2025
Amendment entry In force
2 Apr 2025
PDF
Ä 10158445 / 23
12 Mar 2025
Entry refused: deficiencies not eliminated In force
10 Apr 2025
PDF
Ä 10158445 / M9
4 Feb 2025
Ruling to eliminate deficiencies 4 Mar 2025 In force
5 Mar 2025
PDF
Ä 10158445 / M8
6 Oct 2023
Warning of a fine: annual report not filed 5 Nov 2023 Deficiencies eliminated
24 Oct 2023
PDF
Ä 10158445 / 22
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 10158445 / 21
24 Apr 2023
Amendment entry In force
24 Apr 2023
PDF
Ä 10158445 / 20
8 Nov 2022
Amendment entry In force
8 Nov 2022
PDF
Ä 10158445 / 19
3 Nov 2022
Amendment entry In force
3 Nov 2022
PDF
Ä 10158445 / 18
10 Oct 2022
Amendment entry In force
10 Oct 2022
PDF
Ä 10158445 / M7
30 Sep 2022
Ruling to eliminate deficiencies 14 Oct 2022 Deficiencies eliminated
5 Oct 2022
PDF
Ä 10158445 / 17
9 Jun 2021
Amendment entry In force
9 Jun 2021
PDF
Ä 10158445 / M6
9 Jul 2020
Ruling to eliminate deficiencies in the annual report 8 Aug 2020 In force
9 Jul 2020
PDF
Ä 10158445 / 16
3 Jul 2020
Amendment entry In force
3 Jul 2020
PDF
Ä 10158445 / 15
4 Sep 2019
Amendment entry In force
4 Sep 2019
PDF
Ä 10158445 / 14
24 Jul 2019
Amendment entry In force
24 Jul 2019
PDF
Ä 10158445 / 13
6 Feb 2019
Amendment under Commercial Code § 525 (2) In force
6 Feb 2019
PDF
Ä 10158445 / 12
5 Jul 2018
Amendment entry In force
5 Jul 2018
PDF
Ä 10158445 / 11
21 Feb 2018
Amendment entry In force
21 Feb 2018
PDF
Ä 10158445 / 10
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10158445 / 9
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10158445 / M5
19 May 2017
Procedural ruling 3 Jun 2017 In force
19 May 2017
PDF
Ä 10158445 / 8
25 Apr 2017
Amendment entry In force
25 Apr 2017
PDF
Ä 10158445 / 7
4 Jan 2017
Amendment entry In force
4 Jan 2017
PDF
Ä 10158445 / M4
3 Jan 2017
Ruling to eliminate deficiencies 18 Jan 2017 Deficiencies eliminated
4 Jan 2017
PDF
Ä 10158445 / 6
16 Sep 2016
Amendment entry In force
16 Sep 2016
PDF
Ä 10158445 / 5
19 Aug 2015
Amendment entry In force
19 Aug 2015
PDF
Ä 10158445 / M3
14 Aug 2015
Ruling to eliminate deficiencies 3 Sep 2015 Deficiencies eliminated
19 Aug 2015
PDF
Ä 10158445 / 4
14 Nov 2014
Amendment entry In force
14 Nov 2014
PDF
Ä 10158445 / M2
7 Nov 2014
Procedural ruling In force
7 Nov 2014
PDF
Ä 10158445 / 3
19 Jun 2014
Amendment entry In force
19 Jun 2014
PDF
Ä 10158445 / M1
26 May 2014
Ruling to eliminate deficiencies 15 Jun 2014 Deficiencies eliminated
26 May 2014
PDF
Ä 10158445 / 2
26 May 2014
Amendment entry In force
26 May 2014
PDF
Ä 10158445
25 Jul 2011
First entry In force
25 Jul 2011
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data